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Transcripts For DW Business 20240714

A rare interview with u. S. Broadcaster c. B. S. The Saudi Crown Prince issued a stern call to action. That if the world does not take a strong and firm action to deter iran we will see further escalation that will threaten world interests oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we havent seen in our lifetimes. Saudi arabia is urging the u. S. To continue talks with iran with the hopes of reducing some of the political strain on the strait of hormuz the worlds most vital shipping route for oil almost a 5th of the planets crude passes through it making riyadhs warning all the more urgent. Singapore is asias undisputed oil hub lets go over to our correspondent there andrea hang and read just how high are the political risks considering that the Oil Prices Going down today. When fest is. About whats going on in the world today particularly with the u. S. China trade tensions ahead of the washington talks that were going to be seeing in the

Transcripts For DW Business 20240714

Threaten world interests oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we havent seen in our lifetimes. Saudi arabia is urging the u. S. To continue talks with the wrong with the hopes of reducing some of the political strain on the strait of hormuz the worlds most vital shipping route for oil almost a 5th of the planets crude passes through it making riyadhs warning all the more urgent. Singapore is asias undisputed oil hub lets go over to our correspondent there andrea hang and read just how high are the political risks considering that the Oil Prices Going down today. When fest is. About whats going on in the world today particularly with the u. S. China trade tensions ahead of the washington talks that were going to be seeing in the next couple of weeks or so and that oil prices to drop some one percent today now this is all top of the fact that chinas economy is still looking very weak even though it costs a relatively positive factory a

Saudi and Chinese financial ties strengthen as officials meet in Beijing

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